Jersey Mike's Subs has announced its initial European expansion, with plans to open stores starting this year.
Founder and board chair Peter Cancro is spearheading this effort through his company, JM Submarines UK LTD. The agreement outlines the establishment of 400 stores throughout the U.K. and Ireland. This initiative marks the first step in Jersey Mike's broader strategy for international growth.
Blackstone acquired the privately owned Jersey Mike's for approximately $8 billion in late 2024.
Jersey Mike's CEO Charlie Morrison stated that the company intends to maintain its brand identity during this expansion. He noted that deli-style subs are becoming a staple internationally and referenced the brand's 20 consecutive years of positive same-store sales growth in the U.S. as a basis for the international move.